Ever since its launch in 2014, The ledger Vault rapidly became a market leader in the Hardware industry. Have you been hearing about the Hardware Wallet buzz. Well if you are reading this article, consider yourself a lucky child. Whether…
Advantages and Benefits of Digital Currencies There are immense advantages of using digital currencies. These advantages include; faster payment alternative, independence, global nature, cost-effectiveness, ease of use and privacy of data. We discuss them in what follows: Faster Payment Alternative:…
The financial system interconnects industries, governments and individuals around the globe. It steers money to them, diverts money away from them, intermediates between transactions, redistributes risk, and creates risk. Our relationship with money leads us into a relationship with financial…
What are stablecoins Stablecoins, as the name suggests, are cryptocurrencies that are designed to minimize price volatility. Most stablecoins have been designed to be equal to the US dollar, the world’s leading reserve currency. For example, a single unit of…
Reduces Settlement Time: Payments and remittance settlement can happen rapidly allowing people to access their capital when they need it. Time and cost efficiencies could support large amounts of small transactions or micro transactions within a trusted network. Trust by…
Because of digital technology, nearly all areas that are essential for business, science, public or private life are nowadays controlled technologically: security, healthcare, energy supply, production, mobility, communications and media. The more areas we leave to the control of data…
What is Traditional banking? The Traditional banking system is simply the banking system where the financial institution (Middlemen) provides the financial services to the customer by accepting deposits from the public and creates demand deposit. The traditional banking is none…
Everyone wants to transform their business, and everyone knows that transformation primarily depends on leveraging the right digital technology at the right time on the right processes at the right cost. What is Digital Transformation (DT) Digital transformation (DT), Is…
We’ll walk you through the meaning of Financial Inclusion and why expanding financial access can increase growth, increase incomes of the poor, and reduce income inequality around the Globe. Traditional systems around the world are far from inclusive. Many poor…
Aside from the Internet, which actually emerged at the end of the 20th century, Blockchain is the most disruptive technology of the 21st century. It radically unravels the trust, transparency, and accountability issues in business, and opens endless opportunities for…